PlayOn! Sports Closes $26 Million in Series D Financing

2080 Media, Inc., which operates PlayOn! Sports, has closed$26 million in new funding from a Series D round of financing that was led by HerffJones, Inc. The round also included existing investors Buckhead InvestmentPartners, Hamilton Ventures, and Imlay Investments.

PlayOn produces and distributes high school sports events acrosstelevision and digital platforms. It currently streams more than 30,000 highschool sporting events a year.

PlayOn recently announced a joint venture with the NationalFederation of State High School Associations (NFHS) to create the NFHS Network.The digital offering will launch in mid-August.

As part of the new funding, PlayOn and Herff Jones will alsopartner to expand commercial relationships for PlayOn's School BroadcastProgram and the two companies will jointly market a variety of products andservices.

"Working with Herff Jones is a tremendous opportunityfor PlayOn! Sports," said David Rudolph, CEO of PlayOn! Sports."Partnering with the proven leader in the high school space across theirmultiple products and services will allow us to rapidly expand and deepen ourrelationships."